There is also the plan to pedestrianise George Street and a host of other schemes intended to benefit visitors and residents alike.
It’s a year since the historic decision was taken for Edinburgh to become the first UK city to introduce a tourist tax.
The Visitor Levy, which comes into effect in July, is expected to bring in up to £50 million a year once it is fully established - a welcome funding boost for the Capital which otherwise faces an “extremely constrained” financial position.
Transport and environment convener Stephen Jenkinson said as well as early benefits, the new revenue could offer some certainty for longer-term projects like George Street, rather than being dependent on year-to-year funding from the Scottish Government.
He said: “I’ve long been a believer in visitor levies as a way to invest in the city. Edinburgh is the right place for it to happen and this is the right time for it to happen.
“I’m happy we are going to get bang for our buck and visitors and residents will see the benefit of the Visitor Levy relatively quickly.”
Some money has already been allocated to boost affordable housing in Edinburgh and more proposals are yet to come on culture and events.
But read read on now for the details of all 21 transport and environment projects which are proposed to be funded from the Visitor Levy.
They will be debated at committee on Thursday, January 29, and then go to full council for approval at the budget meeting in February.
21. Sustaining budgets - £7,905,000
It is proposed that a portion of the Visitor Levy income is used to sustain budgets within Cleansing, Parks, and Events. The total Cleansing budget is £16.47m, of which £2.47m is used in the city centre. The plan is that Visitor Levy money should cover 50 per cent of the city centre costs and 10 per cent of the cost for the rest of the city, totalling £2,635,000 per year. | Canva/Getty Images